Korea Trade Data

Articles of iron or steel: South Korea exports to Australia

HS chapter 73 · 철강의 제품 · latest month: October 2026

Exports, October 2026
$7.0M
-0.8% vs previous month
vs same month a year earlier
+46.1%
export value
Exports, last 12 months
$69.9M
0.0% vs 12 months before
Export weight, October 2026
5,622 t
net weight
Export value per kg
$1.24
October 2026

In October 2026, South Korea exported $7.0 million of articles of iron or steel (HS 73) to Australia, down 0.8% from September 2026 and up 46.1% from October 2025.

Over the 12 months to October 2026, exports of articles of iron or steel (HS 73) to Australia totalled $69.9 million, unchanged from the 12 months before ($69.9 million).

Australia took 0.8% of South Korea's exports of this product over the 12 months to October 2026, ranking 19th of 192 destinations (21st in the 12 months before).

This product made up 0.3% of South Korea's goods exports to Australia over the same period.

The average export value in October 2026 was $1.24 per kg of net weight, compared with $1.60 per kg in October 2025.

Imports from Australia in October 2026 were $334,934 (up 38.1% from October 2025), leaving a surplus of $6.6 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$2M$4M$6M$8MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $5.1 millionDecember 2024: $6.2 millionJanuary 2025: $6.3 millionFebruary 2025: $5.9 millionMarch 2025: $5.2 millionApril 2025: $6.6 millionMay 2025: $6.8 millionJune 2025: $3.8 millionJuly 2025: $7.4 millionAugust 2025: $4.0 millionSeptember 2025: $7.7 millionOctober 2025: $4.8 millionNovember 2025: $5.1 millionDecember 2025: $4.6 millionJanuary 2026: $4.8 millionFebruary 2026: $5.4 millionMarch 2026: $4.6 millionApril 2026: $7.4 millionMay 2026: $5.6 millionJune 2026: $5.0 millionJuly 2026: $6.7 millionAugust 2026: $6.8 millionSeptember 2026: $7.0 millionOctober 2026: $7.0 million
Monthly importsImport value in US dollars (CIF).
$0K$200K$400K$600K$800KOct ’26May ’26Dec ’25Jul ’25Feb ’25$335KNovember 2024: $699,188December 2024: $652,769January 2025: $635,452February 2025: $269,365March 2025: $295,923April 2025: $382,641May 2025: $282,938June 2025: $375,433July 2025: $284,271August 2025: $348,079September 2025: $345,358October 2025: $242,461November 2025: $373,184December 2025: $546,112January 2026: $89,568February 2026: $297,725March 2026: $419,604April 2026: $408,698May 2026: $387,585June 2026: $254,924July 2026: $383,970August 2026: $328,184September 2026: $314,571October 2026: $334,934

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$7.0M+46.1%5,622 t $1.24$335K10.1 t
September 2026$7.0M-9.2%5,519 t $1.27$315K9.3 t
August 2026$6.8M+68.2%5,269 t $1.28$328K8.5 t
July 2026$6.7M-10.4%4,872 t $1.37$384K7.4 t
June 2026$5.0M+31.2%3,390 t $1.49$255K4.9 t
May 2026$5.6M-18.2%3,813 t $1.47$388K12.8 t
April 2026$7.4M+11.8%3,009 t $2.45$409K6.9 t
March 2026$4.6M-11.1%2,816 t $1.64$420K15.5 t
February 2026$5.4M-9.4%2,810 t $1.91$298K7.5 t
January 2026$4.8M-23.9%3,021 t $1.58$90K1.3 t
December 2025$4.6M-25.0%2,660 t $1.74$546K20.7 t
November 2025$5.1M-0.5%4,093 t $1.25$373K7.4 t
October 2025$4.8M-22.3%2,976 t $1.60$242K11.6 t
September 2025$7.7M+64.8%4,910 t $1.58$345K20.3 t
August 2025$4.0M-34.3%1,728 t $2.33$348K10.6 t
July 2025$7.4M+4.7%6,440 t $1.15$284K6.2 t
June 2025$3.8M-24.0%1,858 t $2.06$375K10.9 t
May 2025$6.8M+21.3%5,508 t $1.24$283K12.1 t
April 2025$6.6M+2.2%4,247 t $1.55$383K4.1 t
March 2025$5.2M-8.3%4,260 t $1.22$296K12.6 t
February 2025$5.9M-51.9%3,541 t $1.67$269K15.6 t
January 2025$6.3M-13.7%3,120 t $2.01$635K58.1 t
December 2024$6.2M-3.2%4,824 t $1.28$653K16.7 t
November 2024$5.1M-19.4%3,118 t $1.65$699K7.4 t

Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.

Largest headings exported to Australia

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
7306Other welded tubes, pipes and hollow profiles of iron or steel$32.9M 47.1%+3.8%$4.6M
7307Tube and pipe fittings of iron or steel$9.9M 14.2%-10.2%$1.1M
7326Other articles of iron or steel$7.9M 11.3%+11.9%$212K
7308Steel structures and parts (bridges, towers, frameworks)$4.2M 6.0%+64.2%$154K
7312Stranded wire, ropes and cables of iron or steel$3.4M 4.8%-9.3%$256K
7318Screws, bolts, nuts, washers and rivets of iron or steel$3.0M 4.3%-15.4%$206K
7317Nails, tacks, drawing pins, corrugated nails, staples and similar articles, etc.$2.0M 2.9%-14.8%$189K
7323Table, kitchen or other household articles and parts thereof, of iron or steel, etc.$1.4M 2.0%+3.0%$99K
7305Large-diameter tubes and pipes of iron or steel (over 406.4 mm)$1.2M 1.7%-43.6%$6,370
7309Reservoirs, tanks, vats and similar containers for any material, etc.$1.0M 1.5%-24.1%$0
7304Seamless tubes and pipes of iron or steel$999K 1.4%+0.8%$132K
7310Tanks, drums, cans and similar containers of iron or steel$502K 0.7%+14.3%$3,606
7315Chain and parts thereof, of iron or steel$376K 0.5%-5.7%$4,664
7320Springs and leaves for springs, of iron or steel$322K 0.5%+43.4%$25K
7321Stoves, ranges, grates, cookers, barbecues, braziers, gas-rings, etc.$285K 0.4%-30.1%$34K
7322Radiators for central heating, not electrically heated, and parts thereof, etc.$194K 0.3%-0.7%$0
7325Other cast articles of iron or steel$92K 0.1%+98.7%$825
7314Cloth, grill, netting and fencing, of iron or steel wire, etc.$86K 0.1%+246.9%$615
7311Containers for compressed or liquefied gas, of iron or steel$79K 0.1%-12.5%$11K
7324Sanitary ware and parts thereof, of iron or steel$51K 0.1%-76.0%$1

See also: Articles of iron or steel to all countries · all exports to Australia